Forex.com Review 2020 - Verified Customer Reviews

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3.5
User Rating
3.3
(3)
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Forex.com Review

3.5
Score breakdown
Pricing: 2.5
Regulation: 4
Popularity: 4
User Rating: 3.3 (3)

Forex.com overall score rank: 11 out of 34

FOREX.com is a subsidiary of GAIN Capital, a global provider of online trading services headquartered in Bedminster, New Jersey. As a global, publicly-traded company, GAIN Capital has a worldwide presence in the Forex market with its Forex brand, FOREX.com. 

As per the 2019 monthly Retail Forex Obligation reports, published by the CFTC, based on client assets, FOREX.com claims to be the number 1 broker for Forex trading in the US.

GAIN Capital was found in 1999 with the clear mission of providing traders with low-cost access to the Forex markets. Since then, GAIN Capital claims to have expanded their product offering and global reach, and currently provide over 140,000 retail and institutional investors with access to the OTC and exchange-traded markets. 

With a filed trading revenue of $177 million in 2019 and with 55% of the total revenue coming from loyal clients, trading with the company for more than 3 years, GAIN Capital has a sustainable, long term revenue stream. 

According to CFTC data, GAIN Capital commands a 37% market share in the US and with a current stock price of $5.95 per share on the NYSE (NYSE: GCAP) definitely, GAIN Capital is a heavy-weight, structured player in the Forex retail trading market.

FOREX.com also offers a free Forex education suitable for every trader, beginner or experienced. The complete range of available resources, designed to teach traders about the Forex trading concepts, how to manage risk, fundamental and technical analysis, beginner to advanced trading strategies and also how to best use FOREX.com’s trading platform.

FOREX.com offers to its customers trading of all major Forex pairs, EUR/USD, GBP/USD, etc and also minor pairs, through several Forex trading platforms. You can choose between web trading (trade directly on your browser), desktop trading, mobile trading available for iOS and Android, MT4/5, and NinjaTrader and the Advanced Trading platform, built-in with professional analytics tools, integrated trading strategies, and advanced charting features. 

All trading accounts with FOREX.com can qualify for an Active Trader Rewards program, which allows you to earn monthly cash rebates and interest when you trade high volumes.

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3.3
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Forex.com user rating score rank: 11 out of 34

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